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20130117
20130117
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CSPAN
Jan 17, 2013 9:00am EST
commission chair dan gallagher shares his ideas for reforming the dodd-frank financial regulation law. also talks about the commission's 2013 agenda. mr. gallagher was asked of the securities and exchange commission commissioner, appointed by president obama and took office in 2011. this was hosted by the u.s. chamber of commerce but it is just under an hour. >> good afternoon. thank you for joining us. i'm david hirschmann, president and ceo of capital markets compared is here at the u.s. chamber of commerce. our work was one over six years ago before the financial crisis because at the time on a bipartisan basis a group of folks that we had commissioned together told us that the financial regulatory structure served his country well for 75 years was no longer working. that it was out of date, that they were too many gaps, too many layers, and that somebody should get around doing financial regulatory reform before the next crisis. and shortly thereafter, a crisis did, in fact, happen. and the need for financial regulatory reform became even clear to the american people. i wish i
CSPAN
Jan 16, 2013 8:00pm EST
the security and exchange commission. fcc commissioner dan gallagher spoke at the u.s. chamber of commerce for an hour. [inaudible conversations] [inaudible conversations] good afternoon. thank you for joining us. i'm david the president and ceo market here at the u.s. chamber of commerce. the team i'm fortunate to work with and lead here was formed over six years ago before the financial crisis. at the time on a bipartisan basis, a grouch folks that we had commissioned together told us that the financial regulatory structure that served the country well for 75 years was no longer working. it was out of date, that there were too many gaffes, too many layers and somebody should get around doing financial regulatory reform before the next crisis. shotly thereafter the crisis happened. and the need for financial regulatory reform became even clearer to the american people. i wish i could tell you the dodd-frank, the major financial regulatory had achieved everything we hoped when we formed the center. certainly it did some of the things that needed to be done. despite over having 400
CSPAN
Jan 17, 2013 5:00pm EST
mother of two young men, dan and dave zimmerman. gabe is my transition buddy. he was a friend and we had a place where we put together the office of congressman gifford staff early on. he is a wonderful young man with such compassion and care. it is beyond words to think that he is no longer with us. his mother served for many years people who were disadvantaged in our community. it was gabe who was killed at that event on january 8. he died right beside me after being shot myself. i will never, ever forget the image of gabe dying by my side. i know for certain that his last action was to come and try to help us. to help congresswoman giffords and in doing that, he was shot. some of us here in congress meet regularly in the room that is named in his honor. every time i go to meetings, i remember this young man. his mother has been very active. particularly active since the tragedy in tucson. there was a magazine in a clip that 33 bullets. i know that we need to do something about it, and i know that emily wants to do something as well. we want to welcome emily nottingham to hear her
CSPAN
Jan 16, 2013 11:00pm EST
clear. as to the size, prohibitions, my colleague at the board of governors, dan cirillo has talked a little bit about that. i'll leave that up to him in terms of his responsibility to a limited dodd-frank. he's a thinker and quite frank about the difficulty of doing so. i'm a little reluctant given my philosophical than to artificially engineered size. i believe marcus will solve these problems if remake very clear what the rules are, but just to be honest, i have a hard time saying x is the size because i don't want to inhibit success, but i do want to prevent fleecing the american taxpayer risk. tessera government intermediate. they decide how much money i'd take and how much he spent in making a speech and argue about that constantly. but to leave open to the american taxpayer unlimited liability for bad decisions taken in the pursuit of an income statement driven mentality seems to be unjust and un-american and that's a statement that i'm making we proposed a very simple solution where the market and imposed discipline. you see people should this has already and you saw that beca
Search Results 0 to 3 of about 4